SalMar ASA (OSL:SALM) Price-to-Tangible-Book : 73.39 (As of May. 11, 2024)

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What is SalMar ASA Price-to-Tangible-Book?

As of today (2024-05-11), SalMar ASA's share price is kr677.50. SalMar ASA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr9.23. Hence, SalMar ASA's Price to Tangible Book Ratio of today is 73.39.

The historical rank and industry rank for SalMar ASA's Price-to-Tangible-Book or its related term are showing as below:

OSL:SALM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.97 Med: 10.22 Max: 73.4
Current: 73.4

During the past 13 years, SalMar ASA's highest Price to Tangible Book Ratio was 73.40. The lowest was 5.97. And the median was 10.22.

OSL:SALM's Price-to-Tangible-Book is ranked worse than
99.47% of 1704 companies
in the Consumer Packaged Goods industry
Industry Median: 1.735 vs OSL:SALM: 73.40

A closely related ratio is called PB Ratio. As of today, SalMar ASA's share price is kr677.50. SalMar ASA's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr151.04. Hence, SalMar ASA's P/B Ratio of today is 4.49.

SalMar ASA Price-to-Tangible-Book Historical Data

The historical data trend for SalMar ASA's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SalMar ASA Price-to-Tangible-Book Chart

SalMar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.89

18.82

15.23

52.44

61.66

SalMar ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															52.44	27.96	-	547.78	61.66

Competitive Comparison of SalMar ASA's Price-to-Tangible-Book

For the Farm Products subindustry, SalMar ASA's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SalMar ASA's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SalMar ASA's Price-to-Tangible-Book falls into.

SalMar ASA Price-to-Tangible-Book Calculation

SalMar ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	677.50	/	9.232
	=	73.39

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

SalMar ASA Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of SalMar ASA's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

SalMar ASA (OSL:SALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OSL:SALM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SALRY:USA SALRF:USA SALMO:Sweden 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.